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Duff & Phelps hires managing director to investment banking practice

Duff & Phelps Corporation, a provider of independent financial advisory and investment banking services, has named Paul Teuten as a new managing director in the firm's London office.

Mr Teuten joins Duff & Phelps from RSM EquiCo Capital Markets where he was the international managing director responsible for developing and executing trans-Atlantic engagements.

Steve Burt, head of investment banking practice at Duff & Phelps, said: Paul is a significant addition to our mergers and acquisitions group. Given the cross-border dimension of many of our assignments, it is imperative that we expand our investment banking capabilities on a truly global scale. His appointment and the ongoing expansion of his team will allow us to better respond to our clients’ needs, regardless of location.